SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • July 26th, 2017 • Digital Power Corp • Electronic components, nec • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of July 25, 2017, between Digital Power Corporation, a California corporation (the “Company”), and [●] (“Purchaser”).
COMMON STOCK PURCHASE WARRANT DIGITAL POWER CORPORATIONSecurity Agreement • July 26th, 2017 • Digital Power Corp • Electronic components, nec
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, [●] or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the six (6) month anniversary of the Initial Issuance Date (the “Initial Exercise Date”) and on or prior to the close of business on January 26, 2023 (the “Termination Date”) but not thereafter, to subscribe for and purchase from DIGITAL POWER CORPORATION, a California corporation (the “Company”), up to [●] shares (as subject to adjustment hereunder, the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
